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20121201
20121231
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FBC 46
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English 46
Search Results 0 to 45 of about 46 (some duplicates have been removed)
some in detroit say they deserve for helping reelect their commander-in-chief. the city on the brink of financial collapse and will soon lay off thousands of city workers to pay off bills. the total outstanding debt is more than a billion dollars. that is according to moody's investor services. joann watson, city councilmember, her comments are sparking controversy. she claims the president owes the city another bailout because they voted them into office. >> he went to washington dc and he came back home with some bacon. that is what you do. that is what you do. are people overwhelmingly supported him in the election. not just that, but why not? gerri: quid pro quo, bring home the bacon. very controversial. we are going to have one out in just a moment. but first, it could be a day of reckoning lawmakers in michigan considering changing the status to a right to work state, giving workers the freedom to opt out of paying union dues. we have the labor policy director for the mackinac center for labor policy. tell me what it is you're trying to do with this legislation. >> there are ru
for citi price rewind. because your daughter really wants that pink castle thing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all youeed is a magic carriage. citi price rewind. start saving at citi.m/pricerewind. music i want some more. what's he doing? but he can't. look at him! it's just not done. please sir, i want some more. more? more? more? please sir. he has asked for... thank you. what? well he did say please... sir. yes he did. and thank you. yea. and thank you. he's a wonderful boy. (laughing) a do-lightful boy. please and thank you. pass it on. (crowd of children) thank you. gerri: president obama calling on congress to act to avoid the fiscal cliff. the president said he is optimistic. modestly optimistic, that is, that a deal can be done. here is the president. >> i still want to get this done. it's the right thing to do for our families
a federal problem. check this out. this atlanta mayor, approving the city council to receive -- wait for it -- 50% pay increase starting in 2014. do they not have tv in atlanta? you heard it right. 50%. the council council members voted to raise their own pay earlier this month. these employers employees are also demanding that pays well. they are wanting to raise the income for these city employees. really? fiscal cliff? deficit? that? anyone? what steps can you take to lower your tax burden mr.? we have dominant from diversified financiaa consultants. you talk with them leaders. what do they say? >> they are working diligently to get this compromise. if you look at the economic and tax issues facing us in 2013, it's going to go either bad or really bad. it is not going to be a compromise. there is not a good scenario coming out of the picture. even if they compromise, we are still going to be facing higher taxes and substantial cuts in entitlements and other programs. >> at the end of the day, that hurts gdp in the country? >> the projections by the cbo, if we go to the fiscal clif
] it's tt time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for theowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all youeed is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. citi price rewind. - ♪ 'cause people got me questioning ♪ ♪ where is the love - ma'am. you forgot your purse. - thank you. oh. thank you very much. - a message from the foundation for a better life. gerri: world'stests gerri: the world's hottest cars are taking the stage for the 2012 los angeles auto show. automakers unvei unveiling near0 new vehicles. including world first from chrysler, ford, gm, bmw andswag volkswagen. a sneak peak before friday's public debut, consumer reports is live in los angeles with the very latest. you here. such a fun segmentment tell me, first, what trends are you seeing
. [ malennouncer ] it's tt time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all youeed is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. and there's a big advantage parents can give their kids -- making sure they get active at least 60 minutes each day. studies show that physical activity not only helps kids stay healthy, it can enhance important skills, like concentration and problem solving, which can improve academic performance. this means physical activity can help your kids in the most important game of all -- life. gerri: it is called the shadowdo banking system, hedge fund, money market fund, any lender typically not aw st bank and bld by many for the global financial crisis. they're bigger than ever at $67 trillion in
better loans coming to market now. will that help? >> the problem is it is really a tale of two cities. you have fha making bad or high risk loans. 40% are subprime. were they have debt ratio in excess of 50%. that is the bad amount. they are using the good to average out the bad. the problem is i just released a study that shows that in working-class neighborhoods, with incomes below the median, these neighborhoods are suffering from extraordinarily high if all levels for the 2009 and 2010 year. tracy: they need the bad loans to cover the good ones? >> they should not be doing the bad ones. they need to make responsible that once top. fha is a financing failure in these working-class neighborhoods. tracy: i hope we can figure out a way to wrap this up. it's a pleasure to have you been i think you. tracy: here is our question tonight. should executives of bailed out companies make six-figure salaries? logon and vote on the right-hand side sure the results of your the end of tonight's show. a lot more still to come, including the cost to consumers because of obamacare. it just keeps ris
spending. gerri: i have to ask you this question. people talk to me about this all the me in new york city. they say higher taxes are grover norquist fault. he has not come to the table or been willing to negotiate. he is the person who forced members of the house of representatives to say no more taxes. what do you say? >> first of all, as you know, from congress to the senate and people in his or her state -- this pledge is protecting american people through tax increases. we haven't had a republican republican vote for a tax increase in 22 years. that has really slowed down the growth of government from what it would've been otherwise. no obama comes in and wants to spend more and raise taxes. republicans are saying no. we would have a problem if obama hadn't increased the budget by a trillion dollars more a year. gerri: let's face it, whether you're talking about stimulus spending, obamacare, that's3 going to go through the roof, the things that you're going to pay for all this with higher taxes is lunacy, to say the least. on that note, we're going to have to leave it there. thank you
. and finally, my personal favorite from new york city, they do three things all the time. and now ban the sale of large sodas and sugary drinks at restaurants. to curb obesity. like that is going to help. more than 200 of these laws will now be on the books come january 1. call me crazy or what. for more on what will look like in the new year, joined by university of maryland economics professor peter morrissey. great to see you again, has been a while, glad to have you back on. we talked about this before but what happens if we go over the cliff, the recession if there is no new deal. what people don't talk about, everybody agrees there'll be some sort of a recession and there is no deal. will the market be happy with any deal or are they looking for something specific? >> any deal would make them happy because that would mean we wouldn't have a recession necessarily. longer-term the market will require the united states to get a handle on the fiscal issues and to start to have a manageable plan on the deficits. we don't get that done in 2013, our bond rating will go down and maybe we print o
in the country. number five, the mayor's christmas tree in kansas city, missouri. 100 foot tall tree in the city. not bought but grown by the mayor himself. way to go. number four, the christmas tree at the grove in los angeles. they may not have a white christmas but they certainly have the spirit thanks to 110 foot white fir adorned with 10,000 lights and 15,000 decorations. number three the outlet mall in anthem, arizona. the 112-foot tree is decaded with two miles of lights and more than 3000 ornaments. took 14 workers to put up the tree probably weeks and weeks and weeks. number two the victoria village in fern dale, california. 1557 foot tree. still growing. the fire department deck rates the spruce at the end. main street. number one tallest christmas tree in the country. the tree at coeur d' alene in idaho. gorgeous. makes it easier. feet tall. the star alone is 10 feet tall. the rockefeller tree in new york city is 9th tallest, only the 9th at 74 feet and it is big. we'll be back with my two cents more [ male announcer ] at scottrade, you won't just find us online, you'll also find us i
football league. the kansas city chiefs linebacker spot and killed his girlfriend satday before driving to his team's practice facility killing himself leaving behind his three month old doctor. shocked at the news his university of maine footbl coach said i am pressed to find a m who h more impact on his teammates and football family. he is truly one. great stories in the program's history. so what happened? here to shed lht on nfl, former running back, super bowl champion, ricky waters. he is one of hundreds of players suing the league over head injuries and fox sports.com writer peter shrage. ricky, i will start with you. >> thanks, gerry. gerri: talk to us, ricky about the stresses on players and what it makes you do. it is just hard to imagine something like this happening. >> yeah. terrible, a terrible tragedy but yes there's a lot of pressure on players and there's a lot of stress. there is the pressure to perform at your bestnd to be the best every time you go out there on the field but also there's pressure to keep your job. there is always somebo behind you waiting to take you
me fired up, even angry. tonight i wanted to highlight something that made me happy. in new york city police officer has become a hero after this photo appeared on facebook. look at that. as of tonight over half a million people of like it. what it is showing his an officer giving, as man and you pair of boots and a cold night in times square. in arizona woman snapped the fun
.m. here in new york city. that wraps it right now. we're going to go back to our programming. we are talking cometely off-the-cuff, but we know will not be at 250. i think carrie reed has problems from new york like dianne feinstein of california, and 250 will be a big pill to allow. this is a fiscal cliff that we can have 50 days, 60 days down the road. it does not fix the problem if you will have these taxes on $250,000 and above. as rich edson said, this is going to be another deadline in congress has to have. i think everyone needs to get comfortable with the fact that we are going to have these kinds of stopgap last-second deals. gerri: okay, let's get tyler in here too, are republican strategist. is there any common ground can be found here? i mean, this seems to me like a last-ditch effort. let me tell you what it when it was announced today that there was going to be a meeting at 3:00 o'clock from expectations went through the roof. i think people thought something really big was going to happen at the end of the day. the president is saying that he is modestly optimistic
christmas comedy starring will ferrell as buddy the else who goes to new york city with hopes of getting his dad off santa's not als. number two, the polar express baseon that children's book of the same title may more than $183 million over its lifetime and the number one highest closing holiday film ever, how the grinch stole christmas from a holiday classic according to some, but not the original animated movie with boris karloff, the movie remake in 2000 with jim carrey. $260 million. let me tell you this. bin crosby is rolling over in his grave because the best holiday vie ever was white christmas. i watch it at least twice every season. love it. have you do, too. still to come, my "2 cents more" on christmas angels. despite the uncertainty, wall street seems to have a good year and a lack of some of the one is next. ♪ gerri: despite today's market sell-off my next guest is bullish on the last five trading [heart beating] [heartbeat continues] [heartbeat, music playing louder] ♪ i'm feeling better since you know me... ♪ announcer: this song was created with heartbeats of children
much quicker. cities with a red light cameras can their there for safety reasons. when the federal highway safety report show while they did reduce t-bond crashes, rear-ended can access wind up. we won i wo
.s. cities. gerri: well, with the fiscal cliff deadline fast approaching, my next guest says, falling of the fiscal cliff will have a devastating effect on the nation's housing market. consumer confidence would get hurt first which would impact demand. here with more, execuve vice president of carrington mortgage holdings. welcome back to the show. you say, the impact of going over the fscal cliff could be devastating. how so? >> the first casualty, as you mentioned, will be consumer confidence, and a l of what has built the housing market back up is increased demand. absent that demand, and that will be the first thing to get hit with consumer confidence, we start to see prices often which would sort of lead-housing market back into the pits. right after that, most economists believe that killing of a cliff will lead to a recession and spike and unemployment, and those two things are pretty much kryptonite when it comes to housing. could led housing back int the down cycle pretty quickly. gerri: we have seen some positive moves in the housing market, espeially in some markets places
system, the federal government and the essentially local governments, counties, cities, they create airports in faa.nction with the what is happening around the country is like what i call if you build it they will come fallacy. remember that movie. that was fantasy. people don't seem to understand that, so whatde happens is aroud the country you have dallas-fort worth and atlanta, because the regions are growing, they are investing in their airports. gerri: a lot of developments around there. >> what is happening is in other places around the country they look at this and say they're spending money in the region is growing. if we spend money on our airports, our region will grow.e no. all these examples. gerri: mid-america st. louis.an >> and offload her to st. louis on the one hand and chicago on the other hand. governments ban spending $300 million subsidizing 300 airlines to do business there. all of them gave up with abusi business and don't have any flights out of a there. except occasional charter th flights. this is after 12 years, the county government has invested somethin
Search Results 0 to 45 of about 46 (some duplicates have been removed)